The Criminal Investigations Department (CID) has so far arrested five suspects in connection with Sri Lanka’s biggest fake cheque scam, Police Spokesman DIG Ajith Rohana said.
The Police Spokesman also said that the account defrauded with the use of fake cheques belongs to a leading steel manufacturing company.
He said Rs. 43 million had been withdrawn from the account maintained in a private bank after producing forged cheques.
The fraud had been committed in April.
The Police arrested four suspects in this connection previously and they were remanded after producing before the Magistrate. Further investigations conducted by the CID on the incident had led to the arrest of a fifth suspect on Monday.
This suspect was to be produced before the Court yesterday. According to the Police Media Spokesman, this is the first time in the history of Sri Lanka that such a large amount of money was swindled after printing forged cheques.
He further stated that the CID is conducting further investigations regarding the incident.
“The one who printed the cheques was also arrested by the CID a couple of days ago. He remains in remand custody. We have identified another three suspects who had visited branches of the said bank to exchange money. They too will be arrested,” Police Spokesperson said.
